Andrew Cherng
$7.56B
$128.6M (1.7%)
as of 10/09/26
About Andrew Cherng
Andrew Cherng cofounded Chinese fast-food chain Panda Express, alongside his wife Peggy Cherng.
Born in China, his family moved to Taiwan and Japan before he immigrated to the U.S., where he met Peggy as a freshman at Baker University in Kansas.
The couple launched Panda Express in 1983 in a Glendale, California mall.
Today the 2,600-location chain stretches from the U.S. to Canada, Mexico, Dubai and South Korea. The Cherngs are co-CEOs.
In 2018, the couple invested in a group that bought the Mandarin Oriental hotel, now the Waldorf Astoria, in Las Vegas for $214 million.
Personal stats
Citizenship
United States of AmericaSource of wealth
Fast foodResidence
Las Vegas, NevadaMarital status
MarriedBirth date
05/02/47 (age 79)Number of children
3Self-made
self-madeAndrew Cherng’s fortune is worth
126K
troy ounces of gold
116K
median U.S. household
76K
median U.S. income
0.151%
U.S. credit card volume
0.03%
GDP of the United States
0.022%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Andrew Cherng has a master's degree in applied mathematics; he first got into the food business with his father, opening a sit-down restaurant in Pasadena in 1973.
Net worth over time
Real-time ranking
Financial assets
NASDAQ | EWBC-US
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